Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

Meadowood Glen Ii Limited

Executive Director / CEO

EIN 820477098
ID · NTEE L22
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Larry Riley, Executive Director / CEO ($16,468) against every comparable organization that fit the selection criteria — 82 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 34th percentile of comparable organizationswithin the typical range

Benchmarked executive: Larry Riley — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

82 organizations qualified on sector, size, and geography 82 within the band form the benchmarked peer set.

Distribution of comparable compensation

$260 total compensation of comparable organizations → $136,323 $16,468
$7,25910th
$11,46725th
$23,301Median
$51,65375th
$59,92390th
$16,468This org · 34th
p10$7,259
p25$11,467
p50$23,301
p75$51,653
p90$59,923
$16,468

Comparable organizations

Each figure is Form 990 Part VII columns D + F (reportable pay plus other compensation and benefits; column F may include amounts from related organizations), normalized to ID cost of living (BEA RPP, 2023) and to its filing year (CPI-U); the reported amount is on each linked 990.

OrganizationStateRevenueMatched titleComp
(reported)
Comp
(adjusted)
FY
Kalispell Senior Housing Inc MN$132,703 President/tr $68,006 $59,774 2025
Blossom Village Housing Development Fund NY$133,214 President/ceo $36,309 $29,957 2024
Worthington Senior Housing Inc MN$133,520 President $65,715 $59,289 2024
Sweetwater Housing Development Inc TN$134,750 Secretary/treasurer $50,000 $47,988 2024
East Bay Realty Corporation Ii RI$127,616 President And Ceo $7,499 $6,566 2024
Trinity Village Non-profit Housing MI$135,855 Executive Director $38,786 $37,633 2023
Options Properties Inc MA$137,025 Executive Director $5,282 $4,333 2024
Groton Village Housing Inc VT$125,732 Executive Director $22,748 $21,523 2023
South Fulton Affordable Housing Developm GA$125,552 Executive Director $47,892 $43,968 2024
St Charles Place Manor Inc FL$137,881 Member / Ceo $21,896 $18,782 2024
Prairie Homes Inc IL$138,653 Ceo/prof Associate $594 $519 2025
Ken-crest Housing Pa 99 Inc PA$140,680 Ceo $29,531 $26,889 2024
Crawford Commons Apartments Inc MO$120,831 Cfo $99,373 $98,940 2023
Hillside Apartments Phase Ii MI$143,347 Administrator $8,247 $7,772 2024
Glenpark Manor Development OH$119,250 Ceo $5,477 $5,453 2023
Lifetime Community Apartments Inc NY$144,146 President & Ceo $19,027 $15,699 2024
Thi-13 Inc IL$118,252 Chief Executive Officer $29,764 $27,507 2023
Ltc Ii Inc IN$117,897 President $61,499 $57,690 2025
Shrewsbury Housing Inc PA$146,571 Interim President, Ceo/coo $17,059 $15,533 2024
Partridge Place Apartments MO$146,845 President & Ceo $19,685 $19,599 2023
Great Falls Supportive Housing MN$147,915 President/tr $68,006 $59,774 2025
Loretta Village Housing Inc MD$150,186 Executive Director $11,222 $9,862 2023
Ken-crest Housing Pa Ii Inc PA$151,007 Ceo $29,531 $26,889 2024
Woodside Haven Inc WI$151,624 Director Of Finance (Thru May 2023) $37,706 $37,017 2023
Oak View Apartments Inc MN$111,623 Administrator $31,555 $28,470 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to ID cost of living and 2023 dollars. Click any organization to verify the figure on ProPublica.

Methodology

Comparable organizations were drawn from electronically filed IRS Form 990 returns and matched on sector (NTEE code), budget (a size-adaptive revenue band that tightens as the organization grows), and geography (same-state first, broadening only when too few peers qualify); every organization within the band forms the peer set. To compare fairly across regions and years, peer compensation is normalized to ID cost of living (BEA Regional Price Parities, 2023) and to the subject's filing year (CPI-U). The figure benchmarked is Form 990 Part VII, Section A, columns D + F — reportable pay plus other compensation, benefits, and deferred amounts (column F may include amounts from related organizations) — with the chief executive matched by role. Related-organization amounts (column E) and institutional trustees are excluded. Full methodology: peerbasis.org/methodology.

Sample, role match & sensitivity

Sensitivity — the subject's percentile under alternative compensation definitions:

BasisSubject percentile
Total compensation (D + F), cost-of-living + inflation adjusted — the PeerBasis default34th
Total compensation (D + F), as reported (no adjustments)30th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted27th

If the percentile moves materially across these definitions, the result is sensitive to methodology choices, and the board should weigh which basis best fits its facts.

Rebuttable presumption of reasonableness · 26 CFR 53.4958-6

Compensation paid by a tax-exempt organization is presumed reasonable — shifting the burden to the IRS — when three requirements are met. This report supplies the comparability data for the second. The board should record the following in its minutes concurrently with its decision:

Draft board minutes — executive compensation

  1. The compensation of the Executive Director / CEO (Larry Riley) was approved in advance by [the Board / Compensation Committee], composed of members with no conflict of interest with respect to the arrangement.
  2. Prior to its determination, the authorized body obtained and relied upon appropriate comparability data, namely the PeerBasis Compensation Comparability Determination dated June 9, 2026, comparing compensation against 82 similarly situated organizations (Same NTEE sector (L22), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $16,468 is reasonable (approximately the 34th percentile of comparable organizations) and documented the basis for this determination concurrently, on [date], by a vote of [__ for / __ against].

Sources: IRS Form 990 e-file data (apps.irs.gov); IRS Business Master File (NTEE classification). Every figure traces to an original public filing — click any organization above to verify it on ProPublica. PeerBasis is a service of Prismind Analytics; its methodology is published, was commissioned for independent adversarial review, and discloses its own limitations. This report is comparability data to support a board's good-faith determination under IRC 4958; it is not legal or tax advice. Generated by PeerBasis on June 9, 2026.